Movement Alert|iShares Core MSCI Emerging Markets ETF Falls 4.86% in Regular Trading, Emerging Market ETFs Face Accelerating Capital Outflows

Market Focus
Jun 06

On June 6, iShares Core MSCI Emerging Markets ETF fell 4.86% in regular trading, trading at $79.86/share, with trading volume of $462 million.

On the news front, U.S.-listed emerging market ETFs have experienced two consecutive weeks of capital withdrawals. Data shows that in the week ending May 29, total fund outflows from emerging market ETFs investing in developing nations reached $1.44 billion, accelerating from $1.3 billion the prior week. Meanwhile, cross-border ETFs overall recorded net outflows of 22.339 billion yuan, and broad-based equity ETFs also posted large-scale net redemptions, signaling a notable retreat in global risk appetite and sustained pressure on emerging market assets.

The fund generally invests at least 80% of its assets in the component securities of the underlying index. The index is designed to measure large-, mid-, and small-cap equity market performance in the global emerging markets.

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